Mahindra Finance Product Manager Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹9.3 Lakhs - ₹34.2 Lakhs

Salary of majority employees

7% less than the average Product Manager Salary in NBFC Companies for 2 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Product Manager Salary 4 - 10 years exp. (10 salaries)	₹12 L/yr - ₹35.1 L/yr
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Marketing & Communication Product Manager Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹22 L/yr

Last Updated: 16 Mar 2025

Companies similar to Mahindra Finance for Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 14 years exp. (821 salaries)	₹7 L/yr - ₹25 L/yr 25% less
Global Wings Abudhabi Product Manager Salary 4 - 5 years exp. (3 salaries)	₹7.2 L/yr - ₹9 L/yr 59% less
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ICICI Bank Product Manager Salary 0 - 10 years exp. (3.1k salaries)	₹7.4 L/yr - ₹27.1 L/yr 14% less
Axis Bank Product Manager Salary 0 - 10 years exp. (566 salaries)	₹7 L/yr - ₹25.9 L/yr 17% less
Bajaj Finance Product Manager Salary 2 - 7 years exp. (212 salaries)	₹6 L/yr - ₹25 L/yr 27% less
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (584 salaries)	₹6.3 L/yr - ₹25.1 L/yr 25% less	1 job opening
L&T Finance Product Manager Salary 0 - 6 years exp. (221 salaries)	₹5 L/yr - ₹18.5 L/yr 47% less
IIFL Finance Product Manager Salary 0 - 5 years exp. (76 salaries)	₹7 L/yr - ₹24 L/yr 19% less
Aditya Birla Capital Product Manager Salary 1 - 5 years exp. (71 salaries)	₹10 L/yr - ₹27 L/yr 15% less
Shriram Finance Product Manager Salary 4 - 16 years exp. (56 salaries)	₹2.2 L/yr - ₹9.7 L/yr 76% less	1 job opening
Edelweiss Product Manager Salary 2 - 9 years exp. (26 salaries)	₹9.5 L/yr - ₹25 L/yr 15% less
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HDB Financial Services Product Manager Salary 3 - 14 years exp. (16 salaries)	₹6.3 L/yr - ₹19 L/yr 31% less
Poonawalla Fincorp Product Manager Salary 1 - 4 years exp. (16 salaries)	₹6 L/yr - ₹18.5 L/yr 44% less
Muthoot Fincorp Product Manager Salary 1 - 7 years exp. (13 salaries)	₹6 L/yr - ₹18.1 L/yr 48% less
Capri Global Capital Product Manager Salary 3 - 7 years exp. (12 salaries)	₹10 L/yr - ₹28 L/yr 4% less
Aavas Financiers Product Manager Salary 1 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹11.8 L/yr 59% less	1 job opening
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 18% less
Sundaram Finance Product Manager Salary 5 - 20 years exp. (15 salaries)	₹7.4 L/yr - ₹19.4 L/yr 34% less
Kotak Mahindra Prime Product Manager Salary 1 - 9 years exp. (10 salaries)	₹6.1 L/yr - ₹11 L/yr 63% less
Tata Capital Housing Finance Product Manager Salary 0 - 6 years exp. (9 salaries)	₹6.5 L/yr - ₹15.9 L/yr 44% less

View all

Product Manager salary at Mahindra Finance ranges between ₹9.3 Lakhs to ₹34.2 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 18 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Product Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹15 L/yr - ₹34.5 L/yr
3 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹35 L/yr
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4 years (3 salaries)	₹9.3 L/yr - ₹35.4 L/yr
5 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹35.1 L/yr
7 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
8 years (5 salaries)	₹13.5 L/yr - ₹37.1 L/yr
9 years (4 salaries)	₹12.4 L/yr - ₹32 L/yr
10 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹32 L/yr

View all

Similar Designation salaries in Mahindra Finance

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹29.1 L/yr

Production Manager Salary

(4 salaries)

₹6 L/yr - ₹23 L/yr

Product Owner Salary

(4 salaries)

₹24 L/yr - ₹32 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.7 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Product Lead Salary

(AmbitionBox Estimate)

₹35.1 L/yr - ₹44.8 L/yr

Deputy Manager Salary

(317 salaries)

₹4 L/yr - ₹12 L/yr

Senior Product Manager Salary

(7 salaries)

₹14.25 L/yr - ₹23 L/yr

Digital Product Manager Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Top skills at Mahindra Finance for Product Manager

Product Launch Competitive Analysis Malayalam Data Analytics Home Loans Bengali Product Management Supply Chain Management Product Life Cycle Management LMS New Product Development Project Management Stakeholder Management

Salary related reviews for Mahindra Finance

2.8

Rated by 3 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Salary - Excellent

+6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Product Manager Salary FAQs

What is the salary of Product Manager at Mahindra Finance ?

The average salary of a Product Manager at Mahindra Finance in India typically ranges from ₹9.3 Lakhs to ₹34.2 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Product Manager at Mahindra Finance earn more than ₹34.2 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Product Manager Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Mahindra Finance employees in India.

What is the estimated take home salary of a Product Manager at Mahindra Finance in India?

The estimated take-home salary of a Product Manager at Mahindra Finance in India typically ranges from ₹1,32,572 to ₹1,37,429 per month. This is based on the average salary range of ₹9.3 Lakhs to ₹34.2 Lakhs per year for employees with experience ranging from 2 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Mahindra Finance ?

To be a Product Manager at Mahindra Finance in india, the key skills required include:

- Product Launch
- Competitive Analysis
- Malayalam
- Data Analytics
- Home Loans

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Product Manager in companies similar to Mahindra Finance in India?

The salary of a Product Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capri Global Capital	₹10.0 Lakhs to ₹28.0 Lakhs per year
Manappuram Finance	₹18.0 Lakhs to ₹21.0 Lakhs per year
ICICI Bank	₹7.4 Lakhs to ₹27.1 Lakhs per year
Edelweiss	₹9.5 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Capital	₹10.0 Lakhs to ₹27.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Product Manager at Mahindra Finance in India?

The salary growth for a Product Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
2 years	₹15.0 Lakhs to ₹34.5 Lakhs per year
3 years	₹13.9 Lakhs to ₹35.0 Lakhs per year
4 years	₹9.3 Lakhs to ₹35.4 Lakhs per year
5 years	₹17.9 Lakhs to ₹22.9 Lakhs per year

and so on.

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Mahindra Finance Product Manager Salaries

Mahindra Finance Product Manager salary in India ranges between ₹9.3 Lakhs to ₹34.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Mahindra Finance latest salaries received from various employees of Mahindra Finance.